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Carl Gonzalez (Sponsoring Broker)
Mobile Phone:
708-785-2619
cvcg1030@gmail.com
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Carl Gonzalez (Sponsoring Broker)
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Mobile Phone:
708-785-2619
cvcg1030@gmail.com
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FOR SALE
$1,250,000

5028 W 31st Place
Cicero, IL 60804

Multi-Family, Business Opportunities
Commercial
7,250
Sq. Ft.
N/A
Acre Lot
Courtesy: Skydan Real Estate Sales, LLC
Home> Illinois> Cicero> 60804
BROKER OWNED. ***2 units of 6 are prepaid 12 months in advance; buyer will receive a substantial credit at closing for prepaid rent; See additional info for rent rolls and prepayment credit.**** Large 6 unit multi-family investment property with a large two car garage and storage spaces for rent in garage. The property's interiors have been renovated since purchase in 2015. Building is fully occupied with paying long term tenants. Apartment rents total $10,050 per month, the parking spaces rent for a total of $225 per month, storage spaces currently renting for total of $365 per month, so the building collects a grand total of $10,640 per month. Additionally, the owner holds a total of $11,250 in security deposits. Owner of building pays for water, common electric and garage electric. Tenants pay for their own gas heat, cooking gas, water heat, and electric. In 2023 the owner replaced all roofing, as well as the hardy board siding from ground level to 6 ft height around the perimeter of the building plus foam board insulation, and fully gutted and rehabbed the largest unit in the building in 2024- a 4 bedroom 2 bathroom (one new full bath was added), installed insulation in ceilings around the building, and added a master walk-in closet to the south lower level unit. Given the substantial rents collected every month, this is a great property for any investor! see photos and additional info.
12034189
Commercial - Multi-Family, Business Opportunities, 2 Story
1914
Cook
2
Brick,Frame
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Skydan Real Estate Sales, LLC
Listings courtesy of MRED as distributed by MLS GRID

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